Daily Market Commentary for April 7, 2011
Earthquake Hits Japan Again
As they try to recover from the massive earthquake that struck March 11, a 7.4 magnitude earthquake hits Japan again. (Read more at http://www.millennium-traders.com/news/EarthquakeHitsJapanAgain.aspx
Economic data released today:
Initial Jobless Claims:
U.S. March 26 Week Jobless Claims Revised to 392K from 388K; U.S. Jobless Claims fell 10K to 382K in April 2 Week; Compared to Survey of a decrease 3K.
Continuing Jobless Claims:
U.S. March 26 Week Continuing Claims fell 9K to 3,723,000.
Bloomberg Consumer Confidence:
U.S. Bloomberg Consumer Comfort Index fell 44.5 Last Week.
January Consumer Credit Revised to Up $4.45B From Up $5.01B; U.S. February Consumer Credit Increased $7.62B.
At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) shed 19.38 points, EOD 12,407.37
NYSE (New York Stock Exchange) shed 52.40, EOD 8,413.05
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 3.66 points, EOD 2,796.16
S&P 500 (SPX) shed 2.42 points, EOD 1,333.12
BEL 20 (BEL20) gain 0.57 points, EOD 2,712.26
CAC 40 (CAC40) shed 19.68 points, EOD 4,028.30
FTSE100 (UKX100) shed 33.76 points, EOD 6,007.37
NIKKEI 225 (NIK/O) gain 6.56 points, EOD 9,590.93
New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,174, declined stock prices 1,917, unchanged stock prices 99, stock prices hitting new highs 159 and stock prices hitting new lows 13. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: MCP gain 6.42, HOD 68.79, LOD 62.56, EOD 68.48; CF shed 0.58, HOD 141.95, LOD 138.56, EOD 139.77; CRM gain 2.53, HOD 134.68, LOD 132.18, EOD 133.96.
National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 951, declined stock prices 1,681, unchanged stock prices 111, stock prices hitting new highs 117 and stock prices hitting new lows 26. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: XNPT gain 3.58, HOD 11.34, LOD 9.71, EOD 9.96; BBBY gain 5.16, HOD 55.17, LOD 53.21, EOD 54.55; DISH shed 0.37, HOD 24.15, LOD 23.27, EOD 23.95; NFLX shed 6.01, HOD 236.47, LOD 231.03, EOD 233.96; APKT gain 0.19, HOD 73.10, LOD 71.17, EOD 72.21.
Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 221, declined stock prices 249, unchanged stock prices 30, stock prices hitting new highs 16 and stock prices hitting new lows 2.
Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 10: EOD 1329.50; Change 0.50
E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,325.50; Change 2.75
E-mini DOW $5 (YM) Mar 10: EOD 12,353; Change -4
Nikkei 225 (Yen) Mar 10: EOD 9515; Change -140
World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6989 to U.S. Dollars 1.43
Japanese Yen 84.8850 to U.S. Dollars 0.0118
British Pound 0.6126 to U.S. Dollars 1.6300
Canadian Dollar 0.6590 to U.S. Dollars 1.04
Swiss Franc 0.9159 to U.S. Dollars 1.09
Energy Sector - Nymex:
Light Crude (May 11) gain $1.47, EOD $110.30 per barrel ($US per barrel)
Heating Oil (May 11) gain $0.01, EOD $3.21 a gallon ($US per gallon)
Natural Gas (May 11) shed $0.08, EOD $4.15 per million BTU ($US per mmbtu.)
Unleaded Gas (May 11) shed $0.00, EOD $3.19 a gallon ($US per gallon)
Metals Markets - Comex:
Gold (June 11) gain $0.80, EOD $1,459.30 ($US per Troy ounce)
Silver (May 11) gain $0.16, EOD $39.55 ($US per Troy ounce)
Platinum (July 11) shed $7.20, EOD $1,790.60 ($US per Troy ounce)
Copper (May 11) gain $0.04, EOD $4.42 ($US per pound)
Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (June 11) shed $1.35, EOD $100.15
Pork Bellies (February 12) unchanged, EOD $120.00
Live Cattle (June 11) shed $0.62, EOD $117.62
Feeder Cattle (August 11) shed $0.77, EOD $139.02
Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 11) shed $4.00, EOD $761.75
Soybeans (May 11) shed $13.00, EOD $1,363.50
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